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Dec 4, 2012
12/12
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that is where i believe president obama is exactly correct. now, i would also say that the upper-income people, their businesses will be better if the sacrifice is first at the upper level and not by taking away social security or medicare benefits that reduced demand in this society for other goods and services. there is an economic argument that i think is beginning to see more of, which is essentially what the caller did. a healthy middle class with consumer demand from a healthy middle-class is what is needed for a healthier economy and therefore it benefits all. host: writing in "the san francisco chronicle." guest: i would agree. i would agree only in small parts. first, the people on the amt that are left there never got the rate cuts in the first place. to say that they are at an advantage because they will not bear the price of the rate cut going away ignores the fact that they never got a rate cut in the first place because they were paying the higher of the two rates. the margins here are small. even when i paid the amt, my reality
that is where i believe president obama is exactly correct. now, i would also say that the upper-income people, their businesses will be better if the sacrifice is first at the upper level and not by taking away social security or medicare benefits that reduced demand in this society for other goods and services. there is an economic argument that i think is beginning to see more of, which is essentially what the caller did. a healthy middle class with consumer demand from a healthy...
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Dec 5, 2012
12/12
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CURRENT
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president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes wit
president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again...
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Nov 30, 2012
11/12
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you know, you imagine at theent of that lunch romney giving obama a business card that he somehow misplaces. you know? that phone number. i just -- i had it here somewhere. but as anna marie said, it is nice. it's totally fake. this is nothing but a veneer, a sheen, but it's nice that they did it. >> it is nice. and one note of seriousnesses here. it is a great photograph to be seen around the world, that this is the way we conduct elections in this country. >> yes. >> and no shots are fired. it's all about that orderly and sensible and peaceable transition we have. it's a very good entry in that. the -- the real meeting that romney did have in washington today was with paul ryan, who doesn't seem to quite get -- realize his place in history. we have a big board here that shows all of the recent losing vice presidential candidates going all the way back to henry calfet lodge, which is to say during the television age, not one of them has ever made it to the presidency. and we don't yet have the new one with paul ryan on it, but he will very shortly take his position right up there statewide
you know, you imagine at theent of that lunch romney giving obama a business card that he somehow misplaces. you know? that phone number. i just -- i had it here somewhere. but as anna marie said, it is nice. it's totally fake. this is nothing but a veneer, a sheen, but it's nice that they did it. >> it is nice. and one note of seriousnesses here. it is a great photograph to be seen around the world, that this is the way we conduct elections in this country. >> yes. >> and no...
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Dec 1, 2012
12/12
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polls of what it will mean for small business owners. that's what concerns me. people like us have been able to cope and still have been able to save and to send our children to college. that is close to going away and this is one of my great concerns. guest: one of the untold parts of the story and sometimes we overlook what is happening in the states. they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously. guest: some of these are refundable which means you get money back even if your tax bill is zero. whatever the refundable amount is, you get to take home. host: we will go to ray in atlanta, georgia.
polls of what it will mean for small business owners. that's what concerns me. people like us have been able to cope and still have been able to save and to send our children to college. that is close to going away and this is one of my great concerns. guest: one of the untold parts of the story and sometimes we overlook what is happening in the states. they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you...
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Nov 29, 2012
11/12
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showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class tax
showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time,...
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Dec 5, 2012
12/12
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president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do not be necessary in health care. 30% of medications we subscribe, the test and procedures we order. this is something for the first time been called out as a problem. >> this function in the health- care industry. what hospitals will not tell you. urday night at 10:00 p.m. on c-span2. >> "washington journal" continues. host: we have been focusing on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history -- it was put in place to prevent the united states from developing
president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do...
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Dec 4, 2012
12/12
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time for the your business entrepreneur of the week. lauren wanted to introduce the korean cabbage dish to mainstream america using her former skills as a marketer, she created mother-in-law's kimit chi, nonethic packaging to appeal to a mass market and the product is carried in whole foods and fresh markets. watch "your business" sunday morning at 7:30 on msnbc. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan..
time for the your business entrepreneur of the week. lauren wanted to introduce the korean cabbage dish to mainstream america using her former skills as a marketer, she created mother-in-law's kimit chi, nonethic packaging to appeal to a mass market and the product is carried in whole foods and fresh markets. watch "your business" sunday morning at 7:30 on msnbc. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we...
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Dec 6, 2012
12/12
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i will play. >> reporter: president obama today, in washington, assured business executives he'll reject attempts to link the fiscal cliff budget negotiations to future increases in the nation's debt ceiling. "the new york times" reported republicans might accept higher tax rates on wealthier americans to avoid triggering tax hikes for everyone. in return, they'd demand greater spending cuts next year before raising the federal borrowing limit. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game because we've got to... we've got to break that habit before it starts. >> reporter: the 2011 standoff between the president and republicans led the nation to the brink of national default. standard and poor's even lowered its rating on u.s. government bonds. now, the president has proposed he be given authority to raise the debt ceiling without congressional action. hou
i will play. >> reporter: president obama today, in washington, assured business executives he'll reject attempts to link the fiscal cliff budget negotiations to future increases in the nation's debt ceiling. "the new york times" reported republicans might accept higher tax rates on wealthier americans to avoid triggering tax hikes for everyone. in return, they'd demand greater spending cuts next year before raising the federal borrowing limit. >> if congress in any way...
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Dec 6, 2012
12/12
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large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellipse. hi, sue. >> reporter: you're catching me at a perfect time. we're into the entertainment. we just had jason moraz leave the stage. he's a terrific performer and here comes the fray. i'll tell you what, this crowd is loving the performances tonight. still caleigh and james taylor. i'm looking forward to hearing him, too. the first family is here and they're seated riguez from modern family is sitting with them and he's had great back-and-forth going on with neil patrick harris, the host of the show and all is going well and, if you miss the lighting of the tree, this is a look at the countdown and, of course, the great moment itself when the tree was lit and this i
large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellipse. hi, sue. >> reporter: you're catching me at a...
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Dec 6, 2012
12/12
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president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that,
president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of...
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Dec 7, 2012
12/12
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it is valuable to businesses. it has been around over the last decade. you'll get to deduct 50% of what you purchase any given year or it is pushed up to 100%. i'm not sure if obama is planning to extend that into next year. i think it might be 50%. caller: good morning. first-time caller. i would like to say, from the previous caller, the purse strings are embedded so tight with big business basically in the business of raising funds and creating wealth for themselves and their cronies. we have no representation. when you have got large money available, there is a lot of opportunity for corruption or for people to benefit. and our tax codes are a prime example of that. the tax system could be simplified. it could be much more equitable, much fairer. that is a problem with the taxes. it is totally part of the corrupt system we deal with in our government. guest: this is a good time to talk about this wide perception that the tax code is unfair and riddled with loopholes and working for other people, but not for me, not for us. this is an interesting time
it is valuable to businesses. it has been around over the last decade. you'll get to deduct 50% of what you purchase any given year or it is pushed up to 100%. i'm not sure if obama is planning to extend that into next year. i think it might be 50%. caller: good morning. first-time caller. i would like to say, from the previous caller, the purse strings are embedded so tight with big business basically in the business of raising funds and creating wealth for themselves and their cronies. we...
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Dec 1, 2012
12/12
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CNNW
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will president obama choose one of them or will he choose someone else? with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. to a currency market for ev
will president obama choose one of them or will he choose someone else? with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited...
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Dec 7, 2012
12/12
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WUSA
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they say raising taxes on the wealthy could hurt business. the other solution, possible solution involves raising the debt ceiling. president obama advice sid a falls church -- visited a falls church family. the president says it's imperative that congress act now. >> it's very important that we get this done now. that we don't wait. we're in the midst of the christmas season of the american people are counting on this getting solved. the closer it gets to the brink, the more stressed they're going to be good by demanding the power to raise the debt ceiling whenever he wants by as much as he wants, he showed what he's really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> reporter: senator mitch mcconnell talking about the debt ceiling and the president's proposal to raise the debt ceiling. we'll have more on that debate coming up at 6:30. back to you. >>> we have dedicated our entire news department to track this story. we're ready with alerts on the air and on the web. every day we'll have stori
they say raising taxes on the wealthy could hurt business. the other solution, possible solution involves raising the debt ceiling. president obama advice sid a falls church -- visited a falls church family. the president says it's imperative that congress act now. >> it's very important that we get this done now. that we don't wait. we're in the midst of the christmas season of the american people are counting on this getting solved. the closer it gets to the brink, the more stressed...
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Dec 6, 2012
12/12
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>> president obama speaking to business leaders when he made that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see more warm air on the horizon, but get ready for a chilly overnight. the rest of the forecast is coming up on the news edge at 11:00. >> this is fox 5 news edge at 11:00. you won't take my l life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> more people are sho
>> president obama speaking to business leaders when he made that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see...
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. >> jeszic ka, the things obviously could be getting more complex as you know, president obama wants to add the debt ceiling to the multiple issues already on the table. what are you hearing about that? >> well, this was something the president laid out in a speech this morning to the business roundtable. the debt limit and avoiding the debt limit fight is one piece of the deal that they are seeking. let me try to break it down for you and explain how the white house sees all of this come together. wolf? >> the president's latest move, he told ceo's the fiscal deal should include a permanent way to avoid future debt ceiling fights. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> why is he adding the debt limit into this already complicated showdown over taxes and spending cuts? >> let's allow higher rates to go up -- >> we have to cut spending. >> the white house thinks of the fiscal cliff as a three-part problem. part one taxes. in the new year, taxes go up on everyone unless washington takes action. the government needs more mone
. >> jeszic ka, the things obviously could be getting more complex as you know, president obama wants to add the debt ceiling to the multiple issues already on the table. what are you hearing about that? >> well, this was something the president laid out in a speech this morning to the business roundtable. the debt limit and avoiding the debt limit fight is one piece of the deal that they are seeking. let me try to break it down for you and explain how the white house sees all of...
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i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thinks the ig gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step up? endo mayor of new york is abig deal. >> they do say he tandard line is that the second most important difficult job in the country is the mayor f new york city. that may o may not be true. hillary clinton wod consider this. sp down. >> is too mall a stage for her she's been on the global stage. >> only one person will convince hillary clinton to go back into the public world. that is her husband, bill clinton. and i amnhe side that says i don't ev think she wants to do ch cells after secretary of state she has bee around for awhile, taken a lot of heat. i thiik that
i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thinks the ig gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step...
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Nov 29, 2012
11/12
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FBC
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president obama finally getting small business owners the time of day hearing their concerns ahead of the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for having me. a general contracting company, mainly in defense, and we are located in baton rou, louisiana, reasonable offices in dallas, texas, and general contractor. -erri: all right, julia? >> hi, thank you so much, gerri. we help people become healthier, happier, and smarter. gerri: i need a lot of that, yeah. >> it helps you exercise better and sleep better and get better nutrition. gerri: oh, my lord. >> lose pounds. gerri: sounds magical. >> we hope it is. gerri: andy, you're a defense contractor; correct? >> yes, thank you very much for having me tonight. gerri: you're welcome. glad to have you
president obama finally getting small business owners the time of day hearing their concerns ahead of the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for...
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practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector we'll have a reality check plus former senator alan simpson has been a guest on the show and he has a new message for millennial. used to grammy your breakfast your first world problems and getting on you tube show you can see gangnam style. we all talk. more about what's behind the death related directive in loose change let's get to today's capital account. the company olympus if you're not familiar many are but it's the japanese manufacturer of medical equipment and cameras like these. soldiers and closer they're getting. well maybe the former c.e.o. got a little too close but it was big news back in the spring of two thousand and eleven when michael would bird a westerner was made president of the company the first westerner
practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector we'll have a reality check plus former senator alan simpson has been a guest on the show and he has a new message for millennial. used to...
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Dec 6, 2012
12/12
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MSNBC
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. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest members. only 2%. the size of the problem in some sense is so
. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke...
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Dec 4, 2012
12/12
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those conversations will encompass not just leaders of congress but business leaders and civic leaders and governors and others who have a stake in the process and outcome of these negotiations. but as secretary geithner aid over the weekend, i think president obama conveyed in his interview earlier today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have to go up on he remains optimistic that once high end earners, we can find compromise here. that any to preview for resolve and takes a very important step toward thed
those conversations will encompass not just leaders of congress but business leaders and civic leaders and governors and others who have a stake in the process and outcome of these negotiations. but as secretary geithner aid over the weekend, i think president obama conveyed in his interview earlier today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have...
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Dec 5, 2012
12/12
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. >> president obama has tried to reform wall street. taken a lot of heat for it. they have accused him of being anti-business. a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all those things together. i think the president knows that we need to continue to make sure the regulations are strong. part of that is done by his administration and part of it is by congress. we know he will work with senator merkley, senator schumer, people who have been involved on these issues. and i'm optimistic we move forward. >> thank you for joining us tonight. >>> coming up, senator mitch mcconnell rails against reform, but john mccain doesn't agre
. >> president obama has tried to reform wall street. taken a lot of heat for it. they have accused him of being anti-business. a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now...
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in a recent cartoon he draws a young barack obama at the blackboard. government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i loveyour cartoons, and i would nt to adjust, if wemay, go to a few more f them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be rich father. >> absolutely. i always suggest, but the best tag riders in the world work for politicians. this white hse is giving me plenty of fodder forcurtains. and it is funny to think about these events, but a very traumatic and seious. they avoid the fiscal clff. we are talking about over $607 billion worth of money taken out of the economyext year. lou: i just want to put up the next cartoon that we have. it matters not which one you select. but this is one of my favorites. the debt commission saying it is verydifficult. is very complicated and then cut spending. i don'
in a recent cartoon he draws a young barack obama at the blackboard. government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i loveyour cartoons, and i would nt to adjust, if wemay, go to a few more f them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be...
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to the point of the testing, i thought the interesting point was made by president obama at the business roundtable. working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that it wilbe a staggering figure. especially since we have a president who is inclined to spend like hell. i don't think there's any doubt about that. the president today is absolutely indulging in class warfare. >> i cannot ask folks who are middle-class seniors on medicare and young people who are trying to get student loans for college -- i can't ask them to sacrifice. and not ask anything of higher income folks. lou: wha
to the point of the testing, i thought the interesting point was made by president obama at the business roundtable. working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not...
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Dec 5, 2012
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. >>> president obama made the fess cal cliff case to business leaders today. dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact, what we're seeing in the public is exactly what's happening in the private, and that is that it's essentially a standoff. there are no phone conversations, no e-mails, no texting going back and forth, and identify been talking about this. it's very difficult to see how this process moves fashd if -- we see them bringing in business leaders to the white house, ceos, middle class americans, and they're reaching tout these ceos of the business roundtable saying his policies will help businesses. his policies will make it easier to create jobs and that he is rooting for them. at the time he
. >>> president obama made the fess cal cliff case to business leaders today. dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact,...
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practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector will have a reality check plus former senator alan simpson has been a guest on this show and he has a new message for millennial. used to grammy your breakfast in the world and giving on you tube show you can see getting the stuff. we will talk more about what's behind the debt related directive in loose change let's get to today's capital account.
practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector will have a reality check plus former senator alan simpson has been a guest on this show and he has a new message for millennial. used to...
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Nov 30, 2012
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, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and some spending cuts, he's proposed some, he's already passed some into law. and beyond that, just from my perspective, what i see is that we know that we're a confidence-based economy, we're 70% of the economy driven by consumer spending and anything that puts a crimp in consumer spending is not good for the economy. so to put a tax rise, a tax rate increase for the middle class makes no sense to me. someone who makes 50, 60, $70,000 a year will lose and will take away a lot of discretionary purchases from people like me and travel and a whole host of other areas. i hope our leaders in washington are listening and they take the steps necessary to get to a compromise before the end of the year. >> very qui
, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and some spending cuts, he's proposed some, he's already passed some into law. and beyond that, just from my...
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the real pulse of businesses. speaking out against president obama hurt their bottom line? will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. >>> yikes for yelp users. one woman post as scathing review of a business. now the owner is suing her for $750,000. does he have a case? he is here to make it. even when they say it's not it is always about money. melissa: first let's take a look at the day's market headlines of the congress doesn't open its mouth and stocks go up. are we listening politicians? better than expected jobless claims data and rebound in tech stocks helped lead the market higher. the dow gained 39 points hitting a new one-month high. >>> at&t customers listen up. your service may start sucking less. akamai technologies reached a deal to provide at&t's mobile network. it is expected to speed up delivery of digital content to customer's phones. akamai shares soared 10% on the news. >>> zynga bumped up because it is betting big on real
the real pulse of businesses. speaking out against president obama hurt their bottom line? will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. >>> yikes for yelp users. one woman post as scathing review of a business. now the owner is suing her for $750,000. does he have a case? he is here to make it. even when they say it's not it is always about money. melissa: first let's take a look at the day's market headlines of the...
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here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we have got to break that habit before it starts. >> reporter: so just to be very clear, the white house sees this as three steps. a fiscal deal would include, one, some measure that would raise revenue. tax raising. two, a sequester, that's all those budget cuts that are going to kick in, some way to save money through spending cuts, probably on medicare changes. and then, three, some solution for the debt ceiling, both in the short-term and then some permanent solution to avoid that kind of nightmare repeating itself over and over, brooke. >> so we just played a bunch of the sound bites here today from the pres
here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we have got...
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fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to underscore how they say tax rate increases will hit those business, jon. jon: are they still hung up on taxes? is that the big sticking point? >> yes. taxes are the key to this debate. republicans sa
fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little...
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the wife of costco co-founder jeff brotman is an obama bundler. the co-founder is a longtime democratic donor who defended president obama's economic record at the democratic national convention. but his business model has always been on the side of the worker, unlike walmart and sam's club with its history of union busting, low wages and benefits. sinegal says treating employees well is good business. costco pays itself workers more, too. costco cfo, richard galanti told "the ed show" employees get $20.50 an hour on average, that's about 40 grand a year. health benefits are offered to full and part-time employees with workers paying only about 10% of their premiums out of pocket. let's turn to steve greenhouse, labor and workplace reporter for "the new york times" and the author of "the big squeeze." great to have you here tonight, mr. greenhouse. what do you make of the symbolism, and i believe it's symbolism that the vice president went to costco today to make a statement about the middle class but also how to treat workers. >> i think it's a t
the wife of costco co-founder jeff brotman is an obama bundler. the co-founder is a longtime democratic donor who defended president obama's economic record at the democratic national convention. but his business model has always been on the side of the worker, unlike walmart and sam's club with its history of union busting, low wages and benefits. sinegal says treating employees well is good business. costco pays itself workers more, too. costco cfo, richard galanti told "the ed...
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the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans c
the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling....
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business magazine " forbes" has named barack obama as the world's most powerful person in its annual rankings. german chancellor angela merkel is in second place while russian president vladimir putin is in third. >> in the wake of the typhoon, the philippines is calling on united nations negotiators to do more about climate change and global warming. >> representatives from nearly 200 countries are gathered for a summit on the environment. they hope to find ways to lower emissions worldwide. >> but there are deep divisions, and many expect there will not be any results from the talks, which and tomorrow. >> dw spoke earlier to the head of the u.n. environment program and we asked him if anything at all could come out of this conference. >> we still have to give you a days ago, and i believe there will be a number of outcomes. the green climate fund, the kyoto protocol extension -- these are fundamental building blocks of an international climate process, but ever since copenhagen, we are pursuing a search for a new framework for global climate cooperation, and doha in itself will no
business magazine " forbes" has named barack obama as the world's most powerful person in its annual rankings. german chancellor angela merkel is in second place while russian president vladimir putin is in third. >> in the wake of the typhoon, the philippines is calling on united nations negotiators to do more about climate change and global warming. >> representatives from nearly 200 countries are gathered for a summit on the environment. they hope to find ways to lower...
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the obama's blurry account after the fact. there are plenty of unanswered questions about what went wrong. for now, most of the attention is focused on the messaging afterward. another scorching day today for one of the chief messengers, u.n. ambassador susan rice, who president obama might try to make secretary of state. a day after a rocky session with senators john mccain, lindsey graham, kelly ayotte, she met with susan collins of maine. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign by agreeing to go on the sunday shows to present the administration's position. >> this is what she's talking about. one of several appearances ambassador rice made five days after the consulate killings. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction to what had just transpired hours before in cairo. what we think transpired in benghazi, opportunistic
the obama's blurry account after the fact. there are plenty of unanswered questions about what went wrong. for now, most of the attention is focused on the messaging afterward. another scorching day today for one of the chief messengers, u.n. ambassador susan rice, who president obama might try to make secretary of state. a day after a rocky session with senators john mccain, lindsey graham, kelly ayotte, she met with susan collins of maine. >> i continue to be troubled by the fact that...
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people in america, ignores the way most small businesses work in america. >> this political fight's over policy, but if you weren't paying attention, you would wear that the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. we're months removed from the 2012 election, but governor rounds is looking forward to 2017. while 2014's a long way away, 2013 is just beyond the horizon, that's when chris christie -- >> i don't want to leave now. we have a job to do. that job won't be finished by next year. >> it may be the holiday season, but it seems there is no holiday from campaign politics. >> thanks, paul. >>> well, the priority for congress and the white house tomorrow, making head way on the fiscal cliff. and stopping automatic spending cuts and instant tax hikes from hitting every american. negotiations between the who is and congress has stalled, john boehner calling it a stalemate. there are 30 days to go. charles, draw me a picture, how does this end? is staking out their
people in america, ignores the way most small businesses work in america. >> this political fight's over policy, but if you weren't paying attention, you would wear that the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. we're months removed from the 2012 election, but governor rounds is looking forward to 2017. while 2014's a long way away, 2013 is just beyond the...